FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.

Monday, December 1, 2014

Michigan Woman Charged With Embezzling $210K To Pay Credit Card Bills

A Grand Rapids woman has allegedly admitted to embezzling more than $210,000 from her employer, a printing supply company, to pay her personal credit card bills.

Amy Lynne Roselle, 49, is charged with embezzlement of more than $100,000 after the president of The Advantage Group reported in October that he and an accountant discovered she had allegedly been channeling money through a business account for her own use since September 2012, court documents state.

Roselle on Wednesday, Nov. 26, waived a probable cause hearing in Kent County District Court, sending the case to circuit court.

She allegedly deposited vendor checks from the Caledonia Township printing supply company into a Fifth Third Bank business account and used some of the funds to pay her credit card bills. Roselle, with her attorney present, earlier this month admitted to a Kent County sheriff's detective that she embezzled more than $210,000, according to a probable cause affidavit.

A Grand Rapids woman stole more than $210,000 from the Caledonia lithograph and printing supply company where she worked now faces prison in addition to having to pay back the money she embezzled.

Amy Lynne Roselle, 49, tearfully pleaded guilty Wednesday, Jan. 7, before Kent County Circuit Court Judge Mark Trusock to embezzlement of more than $100,000, the harshest embezzlement charge under Michigan law which carries a maximum sentence of 20 years in prison.

There was no plea agreement with the Kent County prosecutor’s Office, but Roselle’s attorney George Krupp told the judge that his client was transferring $32,000 from her retirement account to pay back some of the amount taken.

Krupp said it is hoped that will factor favorably into Trusock’s decision when he sentences Roselle on March 5.

The crime came to light after the president of The Advantage Group company, Mark Vanderbur, in Caledonia Township, was informed by an accountant that Roselle had been channeling money through a business account for her own use since September 2012, according to court records.

She allegedly deposited vendor checks from the submitted by customers into a Fifth Third Bank business account and used the funds to pay her credit card bills as well as other personal expenses.
...

About the Author - Chris Marquet

Chris Marquet is President, Investigative Services with SunBlock Systems, an investigations, litigation support, computer forensics & cyber security firm. Chris has over 34 years of professional experience in industry with Marquet International and prior stints with Kroll Associates, Citigate Global Intelligence and Decision Strategies/Vance International.
Chris is the author of many articles and white papers, including the annual Marquet Report on Embezzlement as well as the Marquet Report on Ponzi Schemes. He has lectured extensively on subjects relating to employee misconduct; due diligence; business intelligence, internal investigations, fraud, employee integrity, workplace violence, kidnapping, terrorism, crisis management and travel security.
Chris is a Certified Board Advisor and Board Member for the Center for Strategic Business Integrity. He received an A.B. degree from Dartmouth College in 1983, with a triple major in Physics, Economics, and Philosophy.
He can be reached at cmarquet@sunblocksystems.com